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Green Accounting in India

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Green Accounting in India


Dr. Sumit Trivedi



Dr. Sumit Trivedi "Green Accounting in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6, October 2021, pp.899-901, URL: https://www.ijtsrd.com/papers/ijtsrd47534.pdf

Green accounting is a new system in accounting that records the costs and benefits provided by the ecosystem for a business concern. Green accounting or environmental accounting is a new challenge of accounting system. Environmental resources are invaluable natural resources of a county like India; there is an urgent need to maintain accounts of such resources. Economic development without environmental considerations brings about environmental crises and damages the quality of everyday life. Environmental issues have motivated the development of a distinctive branch of accounting called, “Green accounting’’. Implementing Green accounting is one of the key areas of corporate social responsibility today. In their business activities, companies incorporate the concept of the environmental element. This paper presents a simple framework regarding green accounting. The present paper aims to study the objectives, benefits as well as limitations of green accounting. The paper also provides insights regarding green accounting in India.

Green Accounting, Ecological Balance, Environmental Resources, Accounting principles


IJTSRD47534
Volume-5 | Issue-6, October 2021
899-901
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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